Lincoln Electric Holdings (LECO) Asset Utilization Ratio (2010 - 2026)
Lincoln Electric Holdings (LECO) posted Asset Utilization Ratio of 1.13 for Q1 2026, up 1.62% on a QoQ basis from 1.12 in Q4 2025, and little changed year-over-year from 1.13 in Q1 2025.
Lincoln Electric Holdings (LECO) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
Lincoln Electric Holdings' Asset Utilization Ratio history runs 17 years deep, the most recent figure standing at 1.13 for Q1 2026.
- Quarterly Asset Utilization Ratio changed 0.41% year-over-year to 1.13 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 1.13 (changed 0.41% YoY) and the FY2025 annual result came in at 1.16, up 5.23% from the prior year.
- Asset Utilization Ratio was 1.13 for Q1 2026 at Lincoln Electric Holdings, up from 1.12 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 1.8 in Q3 2024 and bottomed at 1.11 in Q3 2025.
- A 5-year average of 1.27 and a median of 1.21 in 2024 frame the typical range for Asset Utilization Ratio.
- Annual changes were most pronounced in 2024 — Asset Utilization Ratio jumped 46.9% — and 2025, when it plunged 38.36%.
- Lincoln Electric Holdings' Asset Utilization Ratio stood at 1.29 in 2022, then fell by 8.17% to 1.18 in 2023, then jumped by 46.9% to 1.74 in 2024, then tumbled by 35.91% to 1.12 in 2025, then rose by 1.62% to 1.13 in 2026.
- Business Quant data shows LECO's Asset Utilization Ratio at 1.13 in Q1 2026, 1.12 in Q4 2025, and 1.11 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Snap-on | 20.52 Bn | 18.79 Bn | 635.20 Mn | 0.61 |
| 2 | RBC Bearings | 18.73 Bn | 18.68 Bn | 230.00 Mn | 0.36 |
| 3 | Lincoln Electric Holdings | 13.73 Bn | 13.43 Bn | 399.13 Mn | 1.13 |
| 4 | Stanley Black & Decker | 13.27 Bn | 12.93 Bn | 1.16 Bn | 0.71 |
| 5 | Timken | 9.80 Bn | 9.96 Bn | 394.00 Mn | 0.69 |
| 6 | Toro | 8.88 Bn | 8.69 Bn | 336.50 Mn | 1.27 |
| 7 | Kennametal | 2.66 Bn | 2.59 Bn | 207.98 Mn | 0.80 |
| 8 | Hillman Solutions | 1.55 Bn | 1.52 Bn | 168.58 Mn | 0.66 |
| 9 | Eastern | 147.40 Mn | 139.23 Mn | 11.93 Mn | 1.12 |
| 10 | Chicago Rivet & Machine | 9.81 Mn | 8.36 Mn | 958,459.00 | 1.17 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.13 |
| Dec 31, 2025 | 1.12 |
| Sep 30, 2025 | 1.11 |
| Jun 30, 2025 | 1.11 |
| Mar 31, 2025 | 1.13 |
| Dec 31, 2024 | 1.74 |
| Sep 30, 2024 | 1.80 |
| Jun 30, 2024 | 1.21 |
| Mar 31, 2024 | 1.16 |
| Dec 31, 2023 | 1.18 |
| Sep 30, 2023 | 1.22 |
| Jun 30, 2023 | 1.21 |
| Mar 31, 2023 | 1.20 |
| Dec 31, 2022 | 1.29 |
| Sep 30, 2022 | 1.36 |
| Jun 30, 2022 | 1.29 |
| Mar 31, 2022 | 1.28 |
| Dec 31, 2021 | 1.25 |
| Sep 30, 2021 | 1.21 |
| Jun 30, 2021 | 1.21 |